Diamonds come in every color of the rainbow. Any diamond with a distinct color other than yellow, brown, or gray (except if these have a color deep enough to be considered attractive) are considered fancy color diamonds & are very rare & highly valuable. With the exception of rare fancy color diamonds such as blue, pink, & red, colorless diamonds command the highest prices. A diamond is the only gem in which the absence of color makes it more valuable. The color grading scale begins with the letter D, which is a perfectly colorless diamond. D color diamonds are extremely rare. The scale continues down to Z, which is one that we wouldn't care to see.

As the chart shows, diamonds in the G - J range are considered near colorless diamonds and when mounted are very white stones. The color of a diamond is usually easier to see than the minute imperfections in higher clarities. You might want to keep this in mind if making a choice between good color & high clarity.

Overview | Carat Weight | Cut | Clarity | Color